OptimumBank Holdings Balance Sheet Health
Financial Health criteria checks 6/6
OptimumBank Holdings has total assets of $791.3M and total equity of $70.0M. Total deposits are $639.6M, and total loans are $671.1M. It earns a Net Interest Margin of 3.8%. It has sufficient allowance for bad loans, which are currently at 0.2% of total loans. Cash and short-term investments are $76.7M.
Key information
11.3x
Asset to equity ratio
3.8%
Net interest margin
Total deposits | US$639.58m |
Loan to deposit ratio | Appropriate |
Bad loans | 0.2% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$76.66m |
Recent financial health updates
No updates
Recent updates
Does OptimumBank Holdings (NASDAQ:OPHC) Deserve A Spot On Your Watchlist?
Dec 19Should You Be Adding OptimumBank Holdings (NASDAQ:OPHC) To Your Watchlist Today?
Aug 12OptimumBank reports Q2 results
Aug 09OptimumBank expects $1.3M fee income from PPP loans
May 26OptimumBank Holdings, Inc.'s (NASDAQ:OPHC) CEO Compensation Looks Acceptable To Us And Here's Why
May 19A Quick Analysis On OptimumBank Holdings' (NASDAQ:OPHC) CEO Compensation
Dec 29Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: OPHC's Assets to Equity ratio (11.3x) is moderate.
Allowance for Bad Loans: OPHC has a sufficient allowance for bad loans (750%).
Low Risk Liabilities: 89% of OPHC's liabilities are made up of primarily low risk sources of funding.
Loan Level: OPHC has an appropriate level of Loans to Assets ratio (85%).
Low Risk Deposits: OPHC's Loans to Deposits ratio (105%) is appropriate.
Level of Bad Loans: OPHC has an appropriate level of bad loans (0.2%).